BusinessLatest Business and Company Updates
UniCredit sells Pioneer to Amundi for more than $4.2 billion: source
MILAN Italy's biggest bank by assets UniCredit (CRDI.MI) has reached a deal to sell its asset manager Pioneer to France's Amundi for more than 4 billion euros ($4.2 billion), a source with knowledge of the matter said on Sunday.The deal, which the source said involves a special dividend of about
Region
U.S. housing starts fall; permits rise to one-year high
WASHINGTON - U.S. homebuilding fell in January as the construction of multi-family housing projects dropped, but upward revisions to the prior month's data and a jump in permits to a one-year high suggested the housing recovery remained on track.Housing starts
Honda begins deliveries of fuel-cell cars in Southern California
Honda Motor Co Ltd said customer deliveries of its hydrogen fuel-cell car, dubbed Clarity Fuel Cell, began on Monday at select Honda dealerships across Southern California.Honda is one of the latest automaker to bring a small number of hydrogen-powered vehicles
Johnson & Johnson approaches Actelion about takeover deal
By Paul Arnold and Ludwig Burger | ZURICH/FRANKFURT ZURICH/FRANKFURT U.S. healthcare company Johnson & Johnson (JNJ.N) said on Friday it was
